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Senate Takes Step Toward Curbing Excessive Speculation in Oil Markets

This is a crosspost from the Air Line Pilots’ (ALPA) Pilot Partisan blog. 

The Senate Appropriations Committee approved a much-needed boost to the Commodities Future Trading Commission’s (CFTC) budget yesterday. The CFTC is responsible for implementing and enforcing rules to ensure speculative trading in the oil futures market is tightly monitored.

Most airlines utilize hedging strategies to protect themselves from wild spikes and drops in the price of oil. They are legitimate end users of the product, and the CFTC permits the airline industry to continue such legitimate hedging practices. However, many large investors use the derivatives markets to speculate on oil prices, resulting in unsustainable increases in fuel costs. Such speculation negatively impacts our jobs and our industry, which is why ALPA has been strongly advocating for tougher rules and oversight to reduce excessive speculation.

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Job Killer? The Media Buy the Lie That Democrats Are to Blame

Job Killer? The Media Buy the Lie That Democrats Are to Blame

The media is more likely to define a presidential administration as a “job killer” if it’s Democratic, according to an independent study released this week, and in 91.6 percent of the stories alleging that a government policy was a “job killer,” the news media failed to cite any evidence for this claim.

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Why a Growing Movement of Young People Could Ignite a Workers' Revolution

Why a Growing Movement of Young People Could Ignite a Workers' Revolution

This is a crosspost from Common Dreams by Michelle Chen, a contributing editor at In These Times and other publications. The following is an excerpt from a longer essay, "What Labor Looks Like: From Wisconsin to Cairo, Youth Hold a Mirror to History of Workers' Struggles," written for the new book, Labor Rising: The Past and Future of Working People in America (The New Press), edited by Daniel Katz and Richard A. Greenwald.

Every revolution needs two essential ingredients: Young people, who are willing to dream, and poor people, who have nothing to lose. Yet the social forces that make movements strong also incline them toward self-destruction. Hence, over the past few decades, uneasy intergenerational alliances have melted away as impatient young radicals bridle against the old guard of incumbent left movements. At the same time, when it comes to organizing, without patronizing, poor folks, activists continually struggle just to find the right language to talk about systemic poverty in a sanitized political arena that has largely been wrung dry of real class consciousness.

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Obama Halts DREAMER Deportations

President Obama this morning will restore the dreams of as many as 1 million young aspiring citizens when he signs an executive order halting the deportation of those young immigrants who would be eligible for U.S. residency under the terms of the DREAM Act. For several years, Republican lawmakers in Congress have blocked the DREAM Act.

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Judge Says 10,000 American Airlines Workers Can’t Hold Union Vote

Judge Says 10,000 American Airlines Workers Can’t Hold Union Vote

A federal judge in Texas today blocked an election by 10,000 American Airlines passenger service agents that the National Mediation Board (NMB) last week ordered to begin June 21. Last month, American filed suit against the NMB’s decision to allow the workers to vote on joining the Communications Workers of America (CWA). In a statement this afternoon CWA said:

Clearly the airline is afraid of workers having their democratic vote and has been fighting hard to stop it.

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More than 2,000 Workers Join AFL-CIO Unions

Chicago State University workres. UNITE HERE photo.

College professors, cable television installers and employees at donut shops, a hotel and in telecommunications are the latest workers to join AFL-CIO unions.

Nearly 400 AT&T Mobility retail store workers in Mississippi and Wyoming have chosen Communications Workers of America (CWA) representation. AT&T which has agreed to management neutrality, recognized the workers’ choice of CWA when majorities signed union authorization cards. The Mississippi unit includes 314 workers.

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Stop the Attacks on Federal Workers

http://bit.ly/KJrUph

We Must Stop the Attacks On Federal Workers and Their Retirements

By Matt Murray for the NH Labor News

For the Federal Employees there is good, bad, and even worse news. Today Kellie Lunney reported some important information regarding the changes in the Federal Budge...

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IAFF on Colorado, New Mexico Fires’ Front Lines

IAFF photo

Several hundred members of the Fire Fighters (IAFF) from locals surrounding the wildfires in Colorado and New Mexico are working hard to contain the blazes. Fortunately, there have been no reports of major firefighter injury. IAFF 9th District Vice President Randy Atkinson says:

Getting a wildfire under control in that part of the state is difficult because of the tough terrain. There are a lot of canyons, so just getting to the fire is a challenge.

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VA Health Care Workers: ‘Stop the Downgrades’

DC Metro Labor Council

Richard Fleming served 12 years in the U.S. Army and has worked for the past 20 years at the Veterans Health Administration’s (VHA's) Temple Texas hospital. He began with an entry-level job in the kitchen and, with training and education, became a surgical technician. He also is one of the thousands of modestly paid VHA workers whose jobs have been arbitrarily downgraded.

Nobody talked  to me about it. I found out I was downgraded through a memo….I was downgraded by people who do not ever see what I do on a day-to-day basis.

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We Asked, You Told Us: Your Favorite Made in America Items

Mike Cogh

USA

When we asked about your favorite Made in America items, dozens and dozens of you responded. Topping the list of favorites? Slugger baseball bats, Miller beer and anything sweet and/or chocolate—Oreos, Hershey Kisses and Russell Stovers. Buicks and all U.S.-made cars, and a variety of guns—Rugers, Remingtons, Smith & Wessons—and ammo also topped the list of most favorite Made In America.

Next month, in the days leading up to the July 4 holiday, we are running a Made In America series—including blogs and videos—to celebrate the contributions of U.S. workers to our economy and to highlight how Congress and policymakers can ensure the nation maximizes its greatest resource—America’s working people.

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